USMeagleboy
Sophomore Author
Jackson
Posts:107
Points:44,990
Joined:May 2004
|
Message Posted:
12/5/2008 10:24:02 AM
|
Ignore USMeagleboy Report Abuse
|
|
From damn near $150 to almost near $40/bbl in just five months...wow! Not that it's a bad thing.
|
nyfinest23
Rookie Author
Albany
Posts:81
Points:16,390
Joined:Oct 2008
|
Message Posted:
12/5/2008 9:23:19 AM
|
Ignore nyfinest23 Report Abuse
|
|
Nice!! keep demand down and prices will not be able to go back up, as for the other side of it, its crazy there taking forever to even get lower at the pump... should be 1.50ish but barley under 2.00 where i live
|
us412
Champion Author
Arkansas
Posts:6,819
Points:862,545
Joined:Apr 2006
|
Message Posted:
12/5/2008 9:10:34 AM
|
Ignore us412 Report Abuse
|
$40 crude!!!
Not good news for alternative energy crowd.
|
RochBear
Champion Author
Minnesota
Posts:1,918
Points:537,885
Joined:May 2006
|
Message Posted:
12/5/2008 9:09:38 AM
|
Ignore RochBear Report Abuse
|
There are several advantages of "cheap oil".
1) cheaper gas, which leaves us consumers with more Money to spend (which helps the economy)
2) OPEC countries are a LOT nicer to us, when oil prices are cheap. They now need us to buy their oil. They need food. But when Oil is over $100, then they have extra $, and can buy food, and support terrorists too.
|
I10Express
All-Star Author
San Antonio
Posts:549
Points:59,870
Joined:Nov 2008
|
Message Posted:
12/5/2008 9:07:30 AM
|
Ignore I10Express Report Abuse
|
|
And dropping again today.
|
RideKT22
Rookie Author
Orlando
Posts:86
Points:13,945
Joined:Nov 2008
|
Message Posted:
12/5/2008 9:06:00 AM
|
Ignore RideKT22 Report Abuse
|
|
Let it fall..it will surely rise again some day...its called balance
|
AZDaisy
Veteran Author
Arizona
Posts:320
Points:94,665
Joined:Sep 2008
|
Message Posted:
12/5/2008 9:04:13 AM
|
Ignore AZDaisy Report Abuse
|
|
okay
|
MajorSteve
All-Star Author
Oklahoma City
Posts:722
Points:282,165
Joined:Sep 2006
|
Message Posted:
12/5/2008 9:04:12 AM
|
Ignore MajorSteve Report Abuse
|
|
Diesel still needs to drop. It is $1 more per gallon that gasoline, and for no reason!
|
dagas1
Veteran Author
Orange County
Posts:364
Points:113,295
Joined:Aug 2008
|
Message Posted:
12/5/2008 9:02:55 AM
|
Ignore dagas1 Report Abuse
|
I am still waiting for some surcharges based on the price of oil to be removed from my monthly bills.
|
Arktander
All-Star Author
Illinois
Posts:772
Points:399,725
Joined:Aug 2005
|
Message Posted:
12/5/2008 9:01:50 AM
|
Ignore Arktander Report Abuse
|
|
Key words: Weak economic news.
|
parsec
All-Star Author
Toronto
Posts:581
Points:88,515
Joined:Oct 2008
|
Message Posted:
12/5/2008 9:00:35 AM
|
Ignore parsec Report Abuse
|
|
The prices will be under $40 a barrel next week. Trust me!
|
cheapo_gasKY
Veteran Author
Louisville
Posts:405
Points:167,700
Joined:May 2008
|
Message Posted:
12/5/2008 8:59:37 AM
|
Ignore cheapo_gasKY Report Abuse
|
|
what do you expect, the economy is in a tank with no signs of improving
|
tomok
Champion Author
Portland
Posts:10,725
Points:764,660
Joined:Aug 2006
|
Message Posted:
12/5/2008 8:58:07 AM
|
Ignore tomok Report Abuse
|
And, make oil hit a 6 year low!
OPEC will cut production Dec 17 but the fall of crude oil prices will continue.
What happens when the fall of crude oil prices stop and those prices then go up.
OPEC oil production will be low – will the price then shoot up fast?...
|
rogerparry
Champion Author
Florida
Posts:1,572
Points:336,485
Joined:Jan 2008
|
Message Posted:
12/5/2008 8:56:30 AM
|
Ignore rogerparry Report Abuse
|
|
A silver lining to the current economic clouds.
|
hank1326
All-Star Author
Los Angeles
Posts:754
Points:172,280
Joined:Jun 2008
|
Message Posted:
12/5/2008 8:56:12 AM
|
Ignore hank1326 Report Abuse
|
|
Keep on conserving, more than ever. Perhaps we will see prices near five-year low by the end of this year.
|
94Vol
Rookie Author
Nashville
Posts:49
Points:16,330
Joined:Nov 2008
|
Message Posted:
12/5/2008 8:55:37 AM
|
Ignore 94Vol Report Abuse
|
|
The only bright spot in our economy right now!
|
sabbyNC
Rookie Author
Raleigh
Posts:79
Points:51,145
Joined:Sep 2008
|
Message Posted:
12/5/2008 8:55:32 AM
|
Ignore sabbyNC Report Abuse
|
|
I want it reflected on gas prices.
|
wkwak
Veteran Author
Atlanta
Posts:370
Points:46,195
Joined:Sep 2008
|
Message Posted:
12/5/2008 8:54:54 AM
|
Ignore wkwak Report Abuse
|
|
old news
|
seville04
Veteran Author
Albuquerque
Posts:471
Points:587,725
Joined:Sep 2004
|
Message Posted:
12/5/2008 8:54:36 AM
|
Ignore seville04 Report Abuse
|
|
bad economy, low gas prices...and vice versa.
|
roadrunnerMO
All-Star Author
Kansas
Posts:541
Points:139,695
Joined:Jul 2008
|
Message Posted:
12/5/2008 8:54:05 AM
|
Ignore roadrunnerMO Report Abuse
|
ok
|
guyincognitoNY
Veteran Author
New York
Posts:381
Points:91,085
Joined:Sep 2008
|
Message Posted:
12/5/2008 8:53:47 AM
|
Ignore guyincognitoNY Report Abuse
|
|
good let it go to 20 a barrel the high oil prices of the summer is what killed the economy. our economy is still run by the price of oil. OPEC over stepped it's boundaries manipulated the price of oil with there greed and now we go what we have today.
|
Drill_It
All-Star Author
Michigan
Posts:972
Points:166,540
Joined:Jul 2008
|
Message Posted:
12/5/2008 8:53:40 AM
|
Ignore Drill_It Report Abuse
|
|
This is the best News out there, since the stock market tanked.
|
Gas_Buzzer
Champion Author
South Carolina
Posts:6,679
Points:1,146,875
Joined:Sep 2005
|
Message Posted:
12/5/2008 8:53:34 AM
|
Ignore Gas_Buzzer Report Abuse
|
|
Bottom price of oil will be $36/barrel by 12/31/08.
|
UTOrangeMan
Champion Author
Atlanta
Posts:2,339
Points:273,975
Joined:Mar 2008
|
Message Posted:
12/5/2008 8:49:58 AM
|
Ignore UTOrangeMan Report Abuse
|
|
40 dollars per barrel and 15 to 20 per cent unemployment.
|
no1doc
Champion Author
Milwaukee
Posts:1,349
Points:211,350
Joined:Oct 2007
|
Message Posted:
12/5/2008 8:49:49 AM
|
Ignore no1doc Report Abuse
|
|
Where's the low for diesel prices?
|
beanDE
Sophomore Author
Delaware
Posts:166
Points:68,435
Joined:Jun 2008
|
Message Posted:
12/5/2008 8:49:27 AM
|
Ignore beanDE Report Abuse
|
|
You'd think if supply and demand had a great bearing on the prices, then with everyone turning their heaters on the price should at least level if not increase.
|
REVLAW
Champion Author
San Antonio
Posts:2,333
Points:440,585
Joined:Jul 2007
|
Message Posted:
12/5/2008 8:48:45 AM
|
Ignore REVLAW Report Abuse
|
|
Guess it's too early for new news.
|
napermike79
All-Star Author
Twin Cities
Posts:745
Points:433,755
Joined:May 2001
|
Message Posted:
12/5/2008 8:48:23 AM
|
Ignore napermike79 Report Abuse
|
|
low gas price = bad economy
|
Lonewolftx
Champion Author
Houston
Posts:5,956
Points:1,170,560
Joined:Sep 2005
|
Message Posted:
12/5/2008 8:46:18 AM
|
Ignore Lonewolftx Report Abuse
|
|
SO goes the supply and demand theory. . .
|
AC-302
Champion Author
Los Angeles
Posts:8,886
Points:1,361,805
Joined:Aug 2004
|
Message Posted:
12/5/2008 8:45:57 AM
|
Ignore AC-302 Report Abuse
|
|
In one sense, I'm glad to see it. Cheaper oil prices will help keep money in American's pockets and help speed the economic recovery.
|
eagle1878
Veteran Author
Wisconsin
Posts:311
Points:104,275
Joined:Aug 2008
|
Message Posted:
12/5/2008 8:44:06 AM
|
Ignore eagle1878 Report Abuse
|
|
ya
|
AnObserver
Champion Author
New Jersey
Posts:1,814
Points:900,940
Joined:Sep 2005
|
Message Posted:
12/5/2008 8:43:55 AM
|
Ignore AnObserver Report Abuse
|
|
emphasis on "on weak economic news"
|
eagle1878
Veteran Author
Wisconsin
Posts:311
Points:104,275
Joined:Aug 2008
|
Message Posted:
12/5/2008 8:43:50 AM
|
Ignore eagle1878 Report Abuse
|
|
o
|
mattf373
All-Star Author
Atlanta
Posts:687
Points:133,340
Joined:Mar 2003
|
Message Posted:
12/5/2008 8:43:29 AM
|
Ignore mattf373 Report Abuse
|
|
it's almost to low
|
spheremaker1
All-Star Author
Arizona
Posts:514
Points:397,550
Joined:May 2006
|
Message Posted:
12/5/2008 8:43:03 AM
|
Ignore spheremaker1 Report Abuse
|
|
$40.00 is a good price.. seems fair enuf to promote exploration. but.. get government out of it.
|
mrsports007
All-Star Author
Raleigh
Posts:919
Points:100,865
Joined:Jun 2008
|
Message Posted:
12/5/2008 8:42:40 AM
|
Ignore mrsports007 Report Abuse
|
|
keep conserving to keep prices low.
|
danthemanvan
Champion Author
Montgomery
Posts:3,340
Points:695,880
Joined:Nov 2006
|
Message Posted:
12/5/2008 8:42:28 AM
|
Ignore danthemanvan Report Abuse
|
|
let's keep conserving!
|
movinon
Champion Author
Kansas City
Posts:13,676
Points:1,189,600
Joined:Mar 2005
|
Message Posted:
12/5/2008 8:42:01 AM
|
Ignore movinon Report Abuse
|
|
Keep conserving. Don't go back to old habits.
|
Matts_Pap
Champion Author
Pennsylvania
Posts:1,518
Points:235,040
Joined:Feb 2008
|
Message Posted:
12/5/2008 8:41:44 AM
|
Ignore Matts_Pap Report Abuse
|
|
No job, no money, no gas.
|
ss70
Champion Author
Detroit
Posts:3,264
Points:774,110
Joined:Sep 2005
|
Message Posted:
12/5/2008 8:41:03 AM
|
Ignore ss70 Report Abuse
|
to get going again we need these prices for at least 2 years
|
Palico
Sophomore Author
South Carolina
Posts:156
Points:52,895
Joined:May 2008
|
Message Posted:
12/5/2008 8:40:23 AM
|
Ignore Palico Report Abuse
|
|
Reap what you sow.
|
MG_Sputnik
All-Star Author
Philadelphia
Posts:758
Points:478,755
Joined:Apr 2006
|
Message Posted:
12/5/2008 8:40:06 AM
|
Ignore MG_Sputnik Report Abuse
|
|
Down to $1.47 in southern NJ
|
pwr2daprius
Veteran Author
El Paso
Posts:310
Points:66,240
Joined:Oct 2008
|
Message Posted:
12/5/2008 8:39:21 AM
|
Ignore pwr2daprius Report Abuse
|
|
under 43 right now
|
Don1222
Champion Author
Michigan
Posts:2,380
Points:165,030
Joined:Jul 2008
|
Message Posted:
12/5/2008 8:39:21 AM
|
Ignore Don1222 Report Abuse
|
|
We need alternative fuels.
|
GasholeMI
Champion Author
Lansing
Posts:1,961
Points:158,415
Joined:Jul 2008
|
Message Posted:
12/5/2008 8:38:26 AM
|
Ignore GasholeMI Report Abuse
|
|
Oil is lower this morning too.
|
Alexandra1973
Veteran Author
Ohio
Posts:421
Points:55,605
Joined:Jan 2008
|
Message Posted:
12/5/2008 8:37:48 AM
|
Ignore Alexandra1973 Report Abuse
|
@techque
Last I checked Shrub is still in office...and prices are going down.
(Don't blame me...I voted for Baldwin. LOL)
|
miatabill
Champion Author
St. Louis
Posts:2,069
Points:176,930
Joined:Mar 2003
|
Message Posted:
12/5/2008 8:32:19 AM
|
Ignore miatabill Report Abuse
|
|
And our gas prices went up 20 cents this week.
|
harbnger
Veteran Author
Louisiana
Posts:263
Points:108,720
Joined:Jun 2005
|
Message Posted:
12/5/2008 8:30:53 AM
|
Ignore harbnger Report Abuse
|
|
Drop the bottom baby!!
|
Biogen
Veteran Author
Ventura
Posts:449
Points:107,505
Joined:Jul 2008
|
Message Posted:
12/5/2008 8:30:50 AM
|
Ignore Biogen Report Abuse
|
|
Awesome..
|
ColoHyperMiler
Veteran Author
Denver
Posts:467
Points:113,495
Joined:Jun 2008
|
Message Posted:
12/5/2008 8:30:49 AM
|
Ignore ColoHyperMiler Report Abuse
|
|
Keep Dropping!
|
